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How to buy Unibright (UBT) in Canada

Learn how to buy Unibright (UBT) in our step-by-step guide.

Unibright (UBT) is the 832nd largest cryptocurrency by market cap, valued at US$15,024,994.

Unibright is a highly volatile asset capable of major price swings in a single day. Today UBT is trading for $0.100162 USD, which is lower than yesterday's trading price of $0.1117927001 USD. Over the past year, Unibright's price has seen a decrease of -65%.

So before you buy Unibright, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Unibright.

How to buy Unibright in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Unibright is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Unibright
    You can now exchange your funds for Unibright. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Unibright to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Unibright in Canada

Find an exchange to buy, sell and trade UBT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Bittrex Global
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR

349
cryptocurrencies

Go to site
View details
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How we keep this Unibright guide up-to-date

  • UBT price data is regularly updated through data feeds so you always have the latest information.
  • Unibright performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Unibright?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Unibright?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Unibright.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing UBT with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Unibright?

Once you've created an account, you will need to deposit funds to buy UBT with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy UBT:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase UBT by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for UBT on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Unibright?

The easiest way to buy UBT is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying UBT, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Unibright has been performing recently.

Best Unibright wallets to store your UBT

You can keep your UBT on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your UBT below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Unibright a good investment?

Buying altcoins (cryptocurrencies other than Bitcoin) carries significant risks and benefits. It’s important to understand how UBT works and what the key risks are before investing:
  • Supply. The maximum supply of UBT is capped at 150 million and it’s noteworthy the Unibright team does not hold any tokens.
  • Mining. Unlike Bitcoin, users cannot mine UBT tokens.
  • Purpose. UBT is a utility token, meaning it is the voucher needed to use the Unibright platform. It is designed so companies can use the Unibright framework only if they buy it from those who hold tokens and are willing to sell them.
  • Uses. There are many use cases for UBT tokens. They can be used to register smart contract deployed on the Unibright platform, to connect Unibright-compliant smart contracts
  • to pay for services offered by Freequity (Unibright’s tokenisation product) and to access Unibright’s blockchain consulting workshops.
  • UBT deposited with the platform. All UBT tokens are deposited in wallets in the care of professional custodians. Half of them are used to provide liquidity to the integration gas service, while the other half is locked to serve new customers if there are no UBT tokens available in the open market.
  • Baseledger. Unibright has built an open-source blockchain that revolves around UBT as its native token.

Today's Unibright price versus ATH

Compare today's price of Unibright ($0.100162 USD) against its all-time-high price of $4.22 USD on 01 September 2021. The closer the bar is to 100%, the closer UBT is to reaching its ATH again.

Unibright's price: $0.100162
ATH date: September 01, 2021
2.37%

Unibright ATH: $4.22


How to trade, convert or sell Unibright

You can convert or sell your UBT with the same exchange you bought it through:
  1. Sign in to the exchange you have UBT on.
  2. If you store your Unibright in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of UBT you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Unibright.
  6. Complete your transaction and move your UBT to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Unibright, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of UBT is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Unibright or any other cryptocurrency discussed.

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